Binance Acquires 100% Indonesian Tokocrypto After Initial Investment in 2020
This is the third licensed Asian cryptocurrency exchange Binance has purchased this year as it expands its global reach; the company had shown signs of difficulty.
![Binance acquires 100% of Indonesian Tokocrypto after investment in 2020](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/279c60fc-127f-4d92-9916-380e2cbdd443.jpg)
![Binance Acquires 100% Indonesian Tokocrypto After Initial Investment in 2020](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMjc5YzYwZmMtMTI3Zi00ZDkyLTk5MTYtMzgwZTJjYmRkNDQzLmpwZw==.jpg?#)
This is the third licensed Asian cryptocurrency exchange Binance has purchased this year as it expands its global reach; the company had shown signs of difficulty.
![Binance acquires 100% of Indonesian Tokocrypto after investment in 2020](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/279c60fc-127f-4d92-9916-380e2cbdd443.jpg)
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